Committee for a Responsible Federal Budget4h
IRS Estimates a $606 Billion Tax Gap for 2022
In its new report, the IRS estimates that: The gross tax gap was $708 billion for 2021 and $696 billion in 2022; after ...
Accounting Today3h
IRS starts up pass-through compliance unit
A field operations unit, announced last fall, has started work in the Internal Revenue Service's Large Business and ...
IRS Changes Tax Rules for 2025: Full List of Who's Impacted and How
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
MyChesCo on MSN8h
IRS Announces Reopening Plan for Reading Taxpayer Assistance Center
Representative Chrissy Houlahan (D-PA) has announced the Internal Revenue Service‘s (IRS) plan to fully reopen the Reading ...
Yellen touts IRS enforcement as helping close the budget deficit
Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...
IRS Feared 'Trump' Stimulus Checks Broke Law, Emails Reveal
IRS officials were concerned Economic Impact Payments that included Trump's name could have breached federal law.
2025 Tax Changes: IRS Updates Key Provisions
The IRS has unveiled significant inflation adjustments for tax year 2025, affecting standard deductions, tax rates and ...